Nicholas Hollmeyer Lynton - Jan 1, 2024 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role
Chief Legal & Privacy Officer
Signature
/s/ Nick Lynton, Attorney-in-Fact
Stock symbol
CDLX
Transactions as of
Jan 1, 2024
Transactions value $
-$121,367
Form type
4
Date filed
1/3/2024, 07:59 PM
Previous filing
Oct 3, 2023
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDLX Common Stock Options Exercise +25K +56.42% 69.3K Jan 1, 2024 Direct F1
transaction CDLX Common Stock Options Exercise +1.58K +2.28% 70.9K Jan 1, 2024 Direct F1
transaction CDLX Common Stock Options Exercise +581 +0.82% 71.5K Jan 1, 2024 Direct F1
transaction CDLX Common Stock Sale -$121K -15.6K -21.86% $7.77 55.8K Jan 3, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDLX Restricted Stock Unit Options Exercise $0 -25K -50% $0.00 25K Jan 1, 2024 Common Stock 25K Direct F1, F4
transaction CDLX Restricted Stock Unit Options Exercise $0 -1.58K -9.09% $0.00 15.8K Jan 1, 2024 Common Stock 1.58K Direct F1, F5
transaction CDLX Restricted Stock Unit Options Exercise $0 -581 -10% $0.00 5.23K Jan 1, 2024 Common Stock 581 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer.
F2 Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for RSUs that vested on January 1, 2024.
F3 The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $7.50 to $8.3825, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3).
F4 This RSU award was originally for 100,000 shares. 25% of the RSUs award vested on each of July 1, 2023, October 1, 2023 and January 1, 2024. An additional 25% of the RSU award shall vest on April 1, 2024, subject to the Reporting Person's continuous service with the Issuer through the vesting date.
F5 This RSU award was originally for 38,222 shares. Twenty-five percent (25%) of the shares under this award vested on July 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date.
F6 The RSU award was originally for 9,299 shares. Twenty-five percent (25%) of the shares under this award vested on April 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date.